
Intesa Sanpaolo SWIFT Code: BCITITMM
SWIFT code, wire transfer fees, processing times, and routing details for Intesa Sanpaolo.
Intesa Sanpaolo SWIFT Code: BCITITMM
The SWIFT/BIC code for Intesa Sanpaolo is BCITITMM. BCIT identifies the bank (derived from Banca Commerciale Italiana, a predecessor), IT stands for Italy, and MM is the Milan location code. Despite being headquartered in Turin, the SWIFT code references Milan, where the bank's international operations are centered.
Intesa Sanpaolo is Italy's largest bank by market capitalization and the third-largest in the eurozone. It was formed in 2007 from the merger of Banca Intesa and Sanpaolo IMI, and it serves over 13 million customers across Italy and Central-Eastern Europe.
Italian Banking Requirements for Incoming Wires
To send a wire to Intesa Sanpaolo, you'll need the recipient's IBAN (starting with IT, typically 27 characters), the SWIFT code BCITITMM, and the recipient's full name or business name with fiscal code (codice fiscale). The head office address is Piazza San Carlo 156, 10121 Turin, Italy.
Italian tax regulations require banks to report all incoming international transfers. Wires exceeding €15,000 trigger additional anti-money-laundering documentation. Business transfers require an underlying invoice or contract reference.
Intesa Sanpaolo's Central-Eastern European Network
Intesa Sanpaolo operates subsidiary banks in 12 countries across Central and Eastern Europe, including Croatia (Privredna Banka Zagreb), Hungary, Serbia, Slovakia, and Egypt. Each subsidiary has its own SWIFT code — BCITITMM is specifically for the Italian parent bank.
For EUR transfers within SEPA, Intesa Sanpaolo settles same-day with no additional fees beyond standard account charges. Non-EUR wires typically cost €10 to €50 and take 1 to 3 business days.
How Slash fits in
Slash monitors international payment flows across your Italian and European banking relationships. Wires arriving at or departing from Intesa Sanpaolo are tracked in real time and synced to your accounting tools for automatic reconciliation.
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